Wells Fargo Archives — Arjuna Capital

Press & News

April 25, 2019

PRESS RELEASE:GENDER PAY CAUSES STIR AT WELLS FARGO & BANK OF AMERICA MEETINGS: DISCLOSING MEDIAN GENDER PAY GAP RECEIVES STRONG SUPPORT FROM SHAREHOLDERS

1 in 4 Wells Fargo and Bank of America Shareholders Want Big Banks to Disclose Company Wide Figures on Median Pay Gap Between Women and Men, and Minorities. DALLAS & CHARLOTTE (April 24, 2019) – ...

In The News

February 26, 2019

NEWS RELEASE: ARJUNA CAPITAL: SEC REJECTS BANK OF AMERICA AND WELLS FARGO CHALLENGES TO MEDIAN GENDER PAY GAP SHAREHOLDER PROPOSAL

After Citigroup discloses median gender pay gap data, BofA and Wells Fargo attempt to block the shareholder resolution at SEC on grounds of micromanagement by investors; Similar challenge from Mastercard ...

Press Release

April 10, 2018 by Natasha Lamb for Arjuna Capital

Gender Pay Scorecard: Failing grades for Facebook, Goldman Sachs and Walmart; Top marks for Apple, Nike, and Wells Fargo

Despite recent progress on Wall Street and Silicon Valley, Arjuna Capital/Proxy Impact report card measuring 33 leading global companies on equal pay shows widespread failure to disclose investor risks ...

In The News

February 13, 2018 by Jeffry Pilcher for The Financial Brand

Financial Brand: Closing the gender pay gap in banking

“This is not just about paying women a fair wage, it’s about transforming an industry that has overlooked and mistreated women for far too long,” explains Natasha Lamb, managing ...

In The News

February 7, 2018 by Tanya Tarr for Forbes

Forbes: Two more major banks pledge to make equal pay a reality on Wall Street

Central to the work of getting corporations to commit to equal pay is Arjuna Capital, an investment firm focused on sustainable and impact investing. Natasha Lamb, managing partner at Arjuna ...

In The News

February 1, 2018 by Penny Crosman for American Banker

American Banker: Wells Fargo joins Citi, B of A in disclosing adjusted gender pay gap

Wells Fargo on Thursday became the third U.S. bank to disclose its adjusted gender pay gap, under pressure from investor Arjuna Capital. Read the story at American Banker.

Press & News

Charlotte Observer - Arjuna Capital - In the News

February 1, 2018 by Deon Roberts for Charlotte Observer

Charlotte Observer: Bank of America, Wells Fargo reveal gender pay differences after shareholder pressure

It’s a reversal from the banks’ posture last year, when Arjuna urged them to make similar disclosures, but all three opposed the request. In making that push, Arjuna noted ...

In The News

February 1, 2018 by Laura Colby, Laura J Keller for Bloomberg

Bloomberg: Wells Fargo agrees to disclose pay gaps, following U.S. rivals

Arjuna has been urging large financial institutions in which it owns shares to provide more data about compensation. In exchange, the investment manager has agreed to withdraw shareholder proposals that ...

In The News

February 1, 2018 by Reuters, The New York Times

New York Times: Wells Fargo says hardly any pay disparity for women, minority staff

Arjuna Managing Partner Natasha Lamb … hopes the bank and others will disclose more details such pay ratios within job levels and the median pay of women and men across the ...

Press Release

February 1, 2018 by Arjuna Capital

Press Release: Wells Fargo is 3rd top U.S. bank closing gender pay gap in response to shareholder pressure

3 banks in 3 weeks: Wells Fargo joins Bank of America and Citi to announce steps on gender pay gap; Arjuna Capital withdraws shareholder resolution; hold-outs include JP Morgan, MasterCard & AmEx. ...

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